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pc nid 93367 Jun 19, 2026 pthandapani@vixio.com Vietnam The State Bank Of Vietnam horizon scanning
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Vietnam's State Bank Solicits Feedback on Draft Circular Amending Circular 22/2019

On June 17, 2026, the State Bank of Vietnam (SBV) opened a consultation period on a draft circular to amend and supplement Circular 22/2019/TT-NHNN. The SBV invited written submissions and Microsoft Word documents from individuals and organisations regarding the proposed amendments. The consultation targets the Foreign Exchange Management Department (Cục ATHT) of the SBV. Submissions must be sent via email to csatnh@sbv.gov.vn or delivered in person to the SBV. The contact telephone number for enquiries is 024.39392231. Circular 22/2019/TT-NHNN establishes regulatory requirements for banking institutions and financial organisations operating in Vietnam. The specific amendments under consultation have not been detailed in the available source material, though the SBV's consultation framework indicates the changes relate to banking operations, foreign exchange management, or related financial services regulation. The SBV published a comparison document and explanatory note alongside the draft circular to assist stakeholders in understanding the proposed modifications. These supplementary materials are available for download on the SBV's official website. Interested parties must submit feedback by June 17, 2026. The SBV will subsequently consolidate all comments received and publish a summary of feedback, responses, and explanations regarding the consultation input. This process aligns with the SBV's standard regulatory development procedures for amendments to existing circulars governing banking sector operations.

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State Bank of Vietnam Seeks Feedback on Draft Amendments to Limits and Prudential Ratios for Banks

The State Bank of Vietnam (SBV) has issued a draft circular amending limits and prudential ratios in the operations of banks and foreign bank branches. The draft circular contains: Regulations prescribing a maximum ratio for short-term capital used for medium- and long-term loans, restricting banks and foreign bank branches to a 40 percent limit. Specific rules governing the calculation of deposits from domestic and foreign organizations, explicitly excluding margin deposits, specialized capital deposits, and demand deposits of the State Treasury. Provisions outlining that 80 percent of the term deposit balance of the State Treasury, or an alternative ratio decided by the SBV governor, is also excluded from the deposit calculations. Feedback may be submitted via email to csatnh@sbv.gov.vn by June 17, 2026.